Utah Business Consultants

1. SELECT YOUR PROFESSIONAL SERVICES PROVIDER TEAM

Finding the right team to help you is crucial. Make sure you have a qualified Business Broker in Utah, CPA, Attorney, and Financial Planner whose resources and experience will best serve you throughout the selling process.

2. ASSESS VALUE

To sell the company, you first need to determine what it's worth. UBC will perform an evaluation based upon your company's financial results, industry comparable sales, and expected future performance.

3. TRANSITION PLANNING

Developing the terms and structure of the sales agreement is crucial. It's impacted by different factors such as how much cash is required at closing, minimizing the impact of taxes, continuity of key employees, and other essential considerations.

4. OUTLINE STRATEGY

To sell your business, you need to find a qualified buyer. This step determines the profile of likely buyers and strategies to locate the most qualified prospects. UBC will be selective and approach those having the right mix of talent, capital, and business experience.

5. CONFIDENTIAL BUSINESS PROFILE

At this point, it's time to begin marketing the business. UBC develops a brief description of your business with sufficient information to interest a prospect but not disclose the business' identity until a Confidentiality Agreement is signed.

6. CONFIDENTIAL BUSINESS REVIEW

It's important to compile detailed information about the business to assist prospects in making their decision. UBC compiles an in-depth review of your company, its fixed assets, products, and talent. The report also includes recast financial statements without owner perks, and explains business threats and opportunities.